Pamela Foster

Realtor | SRES, CREN, CPRES, SRS, SFR
License#: 6501312894

Your May 2025 Real Estate Market Update – Forest Hills & Kent County, MI

 
 
 

Forest Hills & Kent County Real Estate Market [April 2025]

 
 
 

Here’s your May 2025 update for the Forest Hills and Kent County real estate markets. Whether you're buying, selling, or just staying informed this Spring, I’ve got the latest numbers—and what they actually mean for you.

Forest Hills School District

No surprise here—inventory and sales are still down compared to this time last year, but prices are holding strong.

    • The median sale price is up 3.5%, now just over $576,000
    • Homes are averaging 25 days on market
    • And many are still selling right at asking price

Inventory remains tight with just 1.3 months of supply—so yes, it's still a strong seller’s market in Forest Hills.

Need data for your specific neighborhood or school district? I’m happy to help!

 

Kent County Market Update

We’re seeing a little more movement county-wide:

    • Inventory is up 12.6%
    • Homes are averaging 21 days on market—up 23.5% from last year
    • The median sale price dipped slightly—down 2.8% to $350,000
    • And homes are selling for about 1.1% below asking price

So while buyers may have a little more breathing room in some areas, inventory is still tight overall—just 1 month of supply.

 

Mortgage Rates in Motion

The Fed is holding steady, taking a wait-and-see approach. Meanwhile, mortgage applications for new home purchases are up 5.3% compared to last year. There are some great financing programs available—and I can connect you with trusted local lenders to explore your best options.

 

Big Picture

Home prices are showing strong nationwide growth, and most experts are bullish about what’s ahead. Homeownership remains one of the most powerful ways to build wealth.

 

And Grand Rapids?
It’s ranked as one of the top housing markets in the U.S. for 2025—thanks to steady job growth and a healthy local economy.

 

That means there’s opportunity—whether you’re ready to make a move, or just planning ahead.

Ready to Talk Options?

If you’re planning a move—or just curious how the current market impacts your goals—let’s connect. I’m happy to share insights tailored to your needs—whether you're buying, selling, or simply exploring your options.

 
 

Talk to you soon,

 

Pamela Foster, REALTOR®

Berkshire Hathaway HomeServices Michigan Real Estate



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